Top 5 Companies in the Home Furnishings Industry With the Lowest Forward Earnings Yield (DXYN, HOFT, LZB, ETH, MHK)

Mar 26, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Home Furnishings industry with the lowest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.Dixie ranks lowest with a forward earnings yield of 2.0%. Following is Hooker Furniture with a forward earnings yield of 4.1%. La-Z-Boy ranks third lowest with a forward earnings yield of 4.2%.

Ethan Allen Interiors follows with a forward earnings yield of 4.4%, and Mohawk Industries rounds out the bottom five with a forward earnings yield of 4.8%.

SmarTrend recommended that subscribers consider buying shares of Dixie on January 9th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $3.71. Since that recommendation, shares of Dixie have risen 46.4%. We continue to monitor Dixie for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com
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